Breakout Stock! McDowell (United Spirits) (D) - 50-200 EMA Cross over - Price above all Key MAs - Strong Volume Buildup - Consolidation near BO Zone (Ignore below 870) #UnitedSpirits #McDowell #BreakoutStocks
JSW STEEL (W) - Price Above all Major MAs - Strong volume buildup - Price has taken the support of Trendline ( Ignore below 745)
A Breakout of Rectangle zone is Clearly seen. Some upside quick gains can be there. #breakoutstocks
Price is still standing on the buying zone, Anything above 44250 will be the bullish sign. Breakdown below 43950 , 43750 level can be seen. Again 43750 is crucial fib zone and strong support zone too!! R1: 44200 R2: 44480 S1: 43800-43750
- Price formed a Cup and Handle Pattern at 3130 level - Breakout of C&H, following with pullback dry volume candles #ASIANPAINTS #NIFTY50
- Cup and Handle Formation - Price retested its previous BO level (4155) #BRITANIA #BREAKOUTSTOCKS
- AXIS BANK (D) - Price approaching its ATH after retesting its BO level
- Two indecisive candle formation at Daily TF - Price took a support from .328 fib level and earned 200points in last 30min - Same levels as yesterday's -44280-44300 will be call writers area - Closing abv 44350-44400 will be the indication of bullishness
Bullish above 19520 and bearish below 19420 19300-19280 is the strong support
Market was rangebound throughout the day. 44270-44150 are levels which are defended by the call writer Closing above 44300 will be the sign of bullishness Support: S1: 44000-44050 S2: 43900 S3: 43700-44750 Resistance: R1: 44200-44300 R2: 44440-44500
-Trendline Breakout and Retest - Forming H & S pattern - Good Volume buildup from past few days - 2800-3000 Strong Support area - Can be a long term pick, What do you think?????
Strong trendline support from bottom. As the stock is forming HHs and HLs. So its better to trade on range breakout at the support zone Entry above: 2255-2260 T1: 2300 T2: 2350 T3: 2440 SL: 2200 Safe SL: 2170
As Previous US Market closing was on a huge green side and SGX Nifty Showing 150 to 170+ points Gap-up. Resistance 1: 18580-18600. Resistance 2: 18650-18670. Support 1: 18480-18500. Support 1: 18415-18400.
We saw tata motors in consolidation phase for past few months. We can expect a good moment upside after it takes its consolidation zone. We can play this stock, with a stoploss arounf to 508-500 Targets marked with green lines
BNF is taking a support at Blue coloured trend line, Breakdown of M pattern below the trendline , We have 43700 and 43600 to defend , after that we can see a down fall till 43400. If BNF sustained above the trend line , W pattern will follow to bullish trend till 44000. Expecting a sideways to bearish market tomorrow Do follow for more !! Have a green day tomorrow 💚💚💚
Consolidation must be seen near to BO zone. Otherwise it cannot be sustained abv the levels
HH's And HL's pattern is seen near the breakout zone. Target 1: 335 Target 2: 395 SL: 260
Highly volatile market was seen today. still BNF looks bullish above 43400. and bearish below 44050. do follow for more .